Trend Micro

Financial history

Revenue · FYE Dec 2025
¥276bn
Operating profit · FYE Dec 2025
¥58bn
Net profit · FYE Dec 2025
¥35bn
Total assets
¥422bn
Equity ratio
30.2%
Long-term series
2003–2025
Trend Micro: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)
Long-term results, every fiscal year on record (¥ bn). Scroll sideways for earlier years.
Fiscal year Unit 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Revenue JPY ¥48bn¥62bn¥73bn¥86bn¥100bn¥102bn¥96bn¥95bn¥96bn¥94bn¥108bn¥115bn¥124bn¥132bn¥149bn¥160bn¥165bn¥174bn¥190bn¥224bn¥249bn¥273bn¥276bn
YoY % +29.2%+17.7%+17.3%+16.6%+1.9%-5.3%-1.0%+1.0%-2.6%+15.5%+6.4%+7.9%+6.1%+12.8%+7.8%+2.9%+5.4%+9.4%+17.6%+11.1%+9.7%+1.2%
Operating profit JPY ¥27bn¥34bn¥32bn¥30bn¥24bn¥26bn¥22bn¥29bn¥34bn¥31bn¥34bn¥36bn¥36bn¥38bn¥40bn¥44bn¥31bn¥33bn¥48bn¥58bn
YoY % +23.6%-5.1%-5.3%-20.9%+10.9%-15.2%+31.2%+14.6%-8.0%+11.0%+5.8%-1.6%+5.3%+4.8%+10.4%-28.2%+4.2%+47.5%+20.2%
Ordinary profit JPY ¥32bn¥38bn¥34bn¥32bn¥24bn¥29bn¥23bn¥33bn¥36bn¥34bn¥35bn¥37bn¥37bn¥39bn¥40bn¥45bn¥34bn¥36bn¥53bn¥54bn
Net profit JPY ¥9.2bn¥16bn¥19bn¥19bn¥24bn¥19bn¥18bn¥13bn¥17bn¥13bn¥20bn¥22bn¥21bn¥25bn¥26bn¥28bn¥28bn¥27bn¥38bn¥30bn¥11bn¥34bn¥35bn
YoY % +71.7%+17.7%+3.8%+21.8%-18.3%-8.3%-27.8%+36.2%-22.5%+45.5%+14.4%-4.0%+15.0%+4.1%+10.5%-1.4%-3.6%+42.4%-22.2%-64.1%+220.6%+0.6%
Operating margin % 31.7%33.6%31.3%31.3%25.0%27.4%23.9%27.1%29.3%24.9%26.1%24.5%22.3%22.8%22.7%22.9%14.0%13.1%17.6%20.9%
Net margin % 19.2%25.5%25.5%22.5%23.5%18.9%18.3%13.3%18.0%14.3%18.0%19.4%17.2%18.7%17.2%17.6%16.9%15.5%20.1%13.3%4.3%12.6%12.5%
Cost structure Cost of sales SG&A Operating profit Operating margin

Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)

Revenue and its cost lines, every year the breakdown was filed (¥ bn).
Fiscal year Unit 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Revenue JPY ¥86bn¥100bn¥102bn¥96bn¥95bn¥96bn¥94bn¥108bn¥115bn¥124bn¥132bn¥149bn¥160bn¥165bn¥174bn¥190bn¥224bn¥249bn¥273bn¥276bn
YoY % +16.6%+1.9%-5.3%-1.0%+1.0%-2.6%+15.4%+6.4%+7.9%+6.1%+12.8%+7.8%+3.0%+5.4%+9.4%+17.6%+11.1%+9.6%+1.2%
Cost of sales JPY ¥16bn¥17bn¥16bn¥15bn¥17bn¥18bn¥18bn¥19bn¥20bn¥21bn¥23bn¥28bn¥33bn¥32bn¥38bn¥42bn¥54bn¥64bn¥65bn¥64bn
SG&A JPY ¥43bn¥49bn¥54bn¥51bn¥55bn¥52bn¥54bn¥59bn¥61bn¥72bn¥75bn¥84bn¥92bn¥95bn¥96bn¥105bn¥138bn¥152bn¥160bn¥154bn
Operating profit JPY ¥27bn¥33bn¥32bn¥30bn¥24bn¥26bn¥22bn¥29bn¥34bn¥31bn¥34bn¥36bn¥36bn¥38bn¥39bn¥44bn¥31bn¥33bn¥48bn¥58bn
YoY % +23.6%-5.0%-5.2%-21.2%+11.0%-15.0%+31.4%+14.3%-8.0%+10.9%+6.1%-1.7%+5.2%+4.7%+10.6%-28.2%+4.0%+47.6%+20.1%
Operating margin % 31.6%33.5%31.3%31.3%24.9%27.4%23.9%27.2%29.2%24.9%26.0%24.5%22.3%22.8%22.7%22.9%14.0%13.1%17.6%20.9%
Change pp +1.9pp-2.2pp0.0pp-6.4pp+2.5pp-3.5pp+3.3pp+2.0pp-4.3pp+1.1pp-1.5pp-2.2pp+0.5pp-0.1pp+0.2pp-8.9pp-0.9pp+4.5pp+3.3pp
Balance sheet Total assets Equity Equity ratio

Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)

Balance-sheet totals, every year on record (¥ bn).
Fiscal year Unit 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Total assets JPY ¥81bn¥107bn¥133bn¥166bn¥201bn¥179bn¥204bn¥206bn¥202bn¥219bn¥261bn¥280bn¥291bn¥309bn¥331bn¥346bn¥360bn¥377bn¥420bn¥471bn¥493bn¥400bn¥422bn
YoY % +31.3%+24.5%+24.8%+21.2%-11.1%+14.1%+1.1%-2.1%+8.5%+19.4%+7.1%+3.8%+6.2%+7.3%+4.5%+3.9%+4.7%+11.6%+12.0%+4.6%-18.7%+5.5%
Equity JPY ¥44bn¥63bn¥82bn¥91bn¥111bn¥95bn¥103bn¥98bn¥101bn¥109bn¥140bn¥151bn¥158bn¥165bn¥175bn¥186bn¥186bn¥187bn¥219bn¥227bn¥212bn¥117bn¥128bn
YoY % +43.7%+29.6%+10.7%+22.2%-14.1%+7.8%-4.7%+3.0%+8.6%+28.3%+7.4%+4.9%+4.3%+6.5%+6.0%+0.2%+0.6%+17.0%+3.6%-6.6%-44.9%+9.1%
Equity ratio % 54.1%59.2%61.6%54.6%55.1%53.2%50.3%47.4%49.9%49.9%53.6%53.8%54.4%53.4%53.0%53.7%51.8%49.7%52.1%48.2%43.0%29.2%30.2%
Change pp +5.1pp+2.4pp-7.0pp+0.5pp-1.9pp-2.9pp-2.9pp+2.5pp0.0pp+3.7pp+0.2pp+0.6pp-1.0pp-0.4pp+0.7pp-1.9pp-2.1pp+2.4pp-3.9pp-5.2pp-13.8pp+1.0pp
Cash flow Operating CF Investing CF Financing CF

Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)

Cash flows as filed, every year on record (¥ bn). A negative figure is cash out.
Fiscal year Unit 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Operating CF JPY ¥16bn¥25bn¥21bn¥37bn¥32bn¥31bn¥34bn¥25bn¥26bn¥32bn¥31bn¥32bn¥30bn¥34bn¥47bn¥50bn¥45bn¥54bn¥55bn¥57bn¥57bn¥47bn¥65bn
YoY % +58.9%-17.1%+81.5%-13.6%-2.8%+8.2%-26.5%+4.4%+20.7%-3.1%+4.5%-4.5%+9.9%+40.0%+6.5%-9.7%+20.4%+1.8%+3.0%+0.6%-18.3%+38.2%
Investing CF JPY -¥9.5bn-¥16bn-¥13bn-¥11bn-¥54bn¥11bn-¥25bn-¥4.7bn-¥2.6bn-¥46bn-¥16bn-¥33bn-¥4.9bn¥13bn-¥34bn¥0.8bn-¥1.5bn-¥5.8bn¥2.6bn-¥68bn¥31bn¥5.0bn¥0.8bn
Financing CF JPY -¥6.8bn-¥3.3bn-¥2.4bn-¥12bn-¥3.7bn-¥21bn-¥13bn-¥11bn-¥14bn-¥11bn-¥0.2bn-¥17bn-¥9.3bn-¥15bn-¥17bn-¥13bn-¥26bn-¥21bn-¥16bn-¥30bn-¥43bn-¥131bn-¥27bn
Cash & equivalents JPY ¥47bn¥53bn¥60bn¥76bn¥52bn¥61bn¥58bn¥64bn¥71bn¥50bn¥74bn¥59bn¥71bn¥102bn¥98bn¥132bn¥148bn¥174bn¥226bn¥208bn¥261bn¥187bn¥230bn
YoY % +13.2%+12.7%+27.8%-31.3%+15.6%-4.1%+10.5%+11.0%-29.1%+46.6%-20.7%+20.5%+44.8%-3.8%+33.7%+12.5%+17.6%+29.6%-8.0%+25.8%-28.3%+23.0%
Key ratios Operating margin Net margin ROE Equity ratio

Profitability and balance-sheet strength (%). ROE uses year-end equity.

Ratios by fiscal year (%), with the year-on-year move in percentage points. Derived from the filed figures above.
Fiscal year Unit 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Operating margin % 31.6%33.5%31.3%31.3%24.9%27.4%23.9%27.2%29.2%24.9%26.0%24.5%22.3%22.8%22.7%22.9%14.0%13.1%17.6%20.9%
Change pp +1.9pp-2.2pp0.0pp-6.4pp+2.5pp-3.5pp+3.3pp+2.0pp-4.3pp+1.1pp-1.5pp-2.2pp+0.5pp-0.1pp+0.2pp-8.9pp-0.9pp+4.5pp+3.3pp
Net margin % 19.2%25.6%25.6%22.6%23.6%18.9%18.3%13.3%18.0%14.3%18.1%19.4%17.2%18.7%17.3%17.7%16.9%15.5%20.2%13.3%4.3%12.6%12.5%
Change pp +6.4pp0.0pp-3.0pp+1.0pp-4.7pp-0.6pp-5.0pp+4.7pp-3.7pp+3.8pp+1.3pp-2.2pp+1.5pp-1.4pp+0.4pp-0.8pp-1.4pp+4.7pp-6.9pp-9.0pp+8.3pp-0.1pp
ROE % 21.0%25.1%22.8%21.3%21.3%20.2%17.2%13.0%17.2%12.3%14.0%14.8%13.6%15.0%14.6%15.2%15.0%14.4%17.5%13.2%5.1%29.4%27.1%
Change pp +4.1pp-2.3pp-1.5pp0.0pp-1.1pp-3.0pp-4.2pp+4.2pp-4.9pp+1.7pp+0.8pp-1.2pp+1.4pp-0.4pp+0.6pp-0.2pp-0.6pp+3.1pp-4.3pp-8.1pp+24.3pp-2.3pp
Equity ratio % 54.1%59.2%61.6%54.6%55.1%53.2%50.3%47.4%49.9%49.9%53.6%53.8%54.4%53.4%53.0%53.7%51.8%49.7%52.1%48.2%43.0%29.2%30.2%
Change pp +5.1pp+2.4pp-7.0pp+0.5pp-1.9pp-2.9pp-2.9pp+2.5pp0.0pp+3.7pp+0.2pp+0.6pp-1.0pp-0.4pp+0.7pp-1.9pp-2.1pp+2.4pp-3.9pp-5.2pp-13.8pp+1.0pp
Reporting basis

Which accounting standard each fiscal year was filed under. Figures are not strictly comparable across a change of standard.

Accounting standard and reporting basis, by fiscal year.
Fiscal year Unit 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Standard 米国会計基準米国会計基準米国会計基準JGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAP
Basis ConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidated
Yen–dollar exchange rate ¥ per US$1

Annual average, yen per one US dollar. Every figure above is in yen as filed — convert one using the rate of its own year, never today's. A higher line is a weaker yen.

Annual average ¥/US$ rate, 1949–2026. YoY above zero means the yen weakened.
Fiscal year Unit 1949 *1 Cal. year 1950 *1 Cal. year 1951 *1 Cal. year 1952 *1 Cal. year 1953 *1 Cal. year 1954 *1 Cal. year 1955 *1 Cal. year 1956 *1 Cal. year 1957 *1 Cal. year 1958 *1 Cal. year 1959 *1 Cal. year 1960 *1 Cal. year 1961 *1 Cal. year 1962 *1 Cal. year 1963 *1 Cal. year 1964 *1 Cal. year 1965 *1 Cal. year 1966 *1 Cal. year 1967 *1 Cal. year 1968 *1 Cal. year 1969 *1 Cal. year 1970 *1 Cal. year 1971 *1 Cal. year 1972 *2 Cal. year 1973 *3 Cal. year 1974 *3 Cal. year 1975 *3 Cal. year 1976 *3 Cal. year 1977 *3 Cal. year 1978 *3 Cal. year 1979 *3 Cal. year 1980 *4 Cal. year 1981 *4 Cal. year 1982 *4 Cal. year 1983 *4 Cal. year 1984 *4 Cal. year 1985 *4 Cal. year 1986 *4 Cal. year 1987 *4 Cal. year 1988 *4 Cal. year 1989 *4 Cal. year 1990 *4 Cal. year 1991 *4 Cal. year 1992 *4 Cal. year 1993 *4 Cal. year 1994 *4 Cal. year 1995 *4 Cal. year 1996 *4 Cal. year 1997 *4 Cal. year 1998 *4 Cal. year 1999 *4 Cal. year 2000 *4 Cal. year 2001 *4 Cal. year 2002 *4 Cal. year 2003 *4 Cal. year 2004 *4 Cal. year 2005 *4 Cal. year 2006 *4 Cal. year 2007 *4 Cal. year 2008 *4 Cal. year 2009 *4 Cal. year 2010 *4 Cal. year 2011 *4 Cal. year 2012 *4 Cal. year 2013 *4 Cal. year 2014 *4 Cal. year 2015 *4 Cal. year 2016 *4 Cal. year 2017 *4 Cal. year 2018 *4 Cal. year 2019 *4 Cal. year 2020 *4 Cal. year 2021 *4 Cal. year 2022 *4 Cal. year 2023 *4 Cal. year 2024 *4 Cal. year 2025 *4 Cal. year 2026 *4,5 Cal. year
Rate ¥/US$ ¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥308.00¥274.00¥293.00¥299.00¥292.00¥257.00¥201.00¥230.00¥226.69¥220.55¥249.06¥237.48¥237.53¥238.53¥168.52¥144.60¥128.13¥137.98¥144.81¥134.51¥126.67¥111.18¥102.22¥94.05¥108.77¥121.02¥130.89¥113.84¥107.74¥121.52¥125.28¥115.92¥108.16¥110.15¥116.28¥117.77¥103.33¥93.53¥87.77¥79.78¥79.79¥97.60¥105.84¥121.02¥108.84¥112.16¥110.40¥109.01¥106.78¥109.78¥131.37¥140.51¥151.50¥149.65¥158.16
YoY % 0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%-14.4%-11.0%+6.9%+2.0%-2.3%-12.0%-21.8%+14.4%-1.4%-2.7%+12.9%-4.6%0.0%+0.4%-29.4%-14.2%-11.4%+7.7%+4.9%-7.1%-5.8%-12.2%-8.1%-8.0%+15.7%+11.3%+8.2%-13.0%-5.4%+12.8%+3.1%-7.5%-6.7%+1.8%+5.6%+1.3%-12.3%-9.5%-6.2%-9.1%0.0%+22.3%+8.4%+14.3%-10.1%+3.1%-1.6%-1.3%-2.0%+2.8%+19.7%+7.0%+7.8%-1.2%+5.7%

Exchange rates & sources — the full table →

Download the long-term series (CSV) → Compiled from securities reports and other public filings. We do not guarantee accuracy or currency, and do not track post-filing corrections. Check the primary sources before relying on these figures.

All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →

Read the company history → 日本語版(詳細)— full financial data in Japanese →


Disclaimer


Data API

Trend Micro’s history, financials, executives and shareholders are published as static JSON — no key, plain GET.

Method Endpoint Returns
GET /api/companies.json All companies
GET /api/4704/manifest.json Resource index
GET /api/4704/history.json History overview
GET /api/4704/timeline.json Chronology
GET /api/decisions.json All management decisions (index)
GET /api/4704/decisions.json Management decisions (index)
GET /api/4704/decisions/{slug}.json One decision (full dossier)
GET /api/4704/executives.json Executives
GET /api/4704/shareholders.json Major shareholders
GET /api/4704/financials.json Financial statements
GET /api/4704/financials-longterm.json Long-term results
GET /api/4704/segments.json Business segments
GET /api/4704/regions.json Sales by region
GET /api/4704/workforce.json Workforce